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Search Results 0 to 42 of about 43 (some duplicates have been removed)
to building bridges between the united states and the arab and muslim world, particularly libya. and i think this is going to sour a lot of americans about the future trajectory of the middle east, about the direction in which the arab spring is headed. and i think particularly this is tragic for syrians. syrians who are now under siege or around 20,000 syrians have been killed by the regime of assad and i think many syrians were hoping for an outside intervention or outside aid to provide some type of save zones. and i think the reality is that after the united states and nato had gone into libya it oust gadhafi, i think there will be far less appetite to want on do anything in syria. >> probably also raises huge questions about money from america that is going to fund some of these governments particularly in egypt where it's $1.5 billion plus another billion that was being put together in a package right now. how do you think that plays out in congress at this point? >> that's absolutely right. egypt is a country which has i think the second or third largest aid package from the united st
the region the united states shut many diplomatic facilities because friday prayers often fueled mob rage. some of the ugliest violence, thou though, is in pakistan. in peshawar, protesters set fire to two movie theaters. joining us live from islamabad with more, good morning. >> reporter: good morning, carol. a national holiday, a day to show your love for the approvest muhammad. it turned out to be a day where many pakistanis showed their anger against america, demonstrations in every major city in pakistan and sometimes it got very violent. one news van driver in the city of peshawar shot and killed. here in the capital of islamabad, protests are dying down. here is what it looked like earlier today. friday prayers have just concluded. what we're seeing are some of the largest and most intense protests yet here in pakistan. now what you see over there are shipping containers. police are using them to block off the path to the diplomatic enclave. that's where the foreign embassies are, u.s. embassy, french embassy. now what you seem to have here is some people urging protesters to rush
clinton says the united states government has now opened a new inquiry into the attack, an attack libya insists was preplanned. president obama says it's still unclear whether al qaeda was involved. meanwhile, in benghazi, the late ambassador chris stevens and the three other americans killed were remembered at a memorial servi service. >>> well, it's the moment so many consumers have been waiting for, the iphone 5 finally debuts today. people have been lining up for days all over the world for the latest smartphone from apple. the very first of the new handsets was sold in australia to cheers. iphone 5 presales alone topped 2 million according to the company. let's take an early look at the markets as we get all up in your business this morning. cnbc's karen in new york. >> it's going to be getting to the front of the queue because the queues are long. as you mentioned australia, asia and europe is going to be selling the device in the united states later on today. but many people, in fact, won't get to see the device probably till october as the company plays catch-up with the amount
in terms of the united states. >> and you also reported of course that the united states intelligence knew of at least the location of one of the attackers. do we have any idea where this person is now? >> there are some mixed reports. people arrested by the libyan authorities and aftermath, and some other individuals who are identified as part of the attackers. al told, it looks like there were about 100 people who led an attack. you're talking about a sophisticated attack, using mortars aimed precisely as well as rocket propelled grenades. in the aftermath, the united states had a bead on four and very good information on one. but there were also information and there was some activities obviously from the libyan authorities as well. >> so, let me ask you, jeff porter, about something that eli just said. advanced military assault. precision aimed rockets. this isn't something you just do because you feel like it. >> right. you know, but it's important to understand about the libyan security environment that it's very porous. there's abundant weaponry. that's all been stolen from gadhafi'
penetrated than the united states. there is a big opportunity. >> to that point i can tell you foreign policy jon fortt who is inside there, tim cook is showing a video of the barcelona store opening now saying they have 380 stores in 12 countries, 13th country sweden is coming. 1 million people around the world using apple's products. peter, apart from the iphone 5, what else will move the stock here? >> be interesting to see if there's anything along the lines of -- well, we know they'll talk about a facebook integration. we don't expect to hear much about music and tv and movies. if there is much there, that will be an interesting surprise as well. john barr, you've clearly got skin in the game. let me tell you now, more news coming from tim cook. he's talking about the recent mac updates, including mountain lion. he says apple notebook is now number one in market share in the united states over the last three months at 27%. that probably won't surprise you. what do you want to hear, here on in? >> we've been long term investors in apple due to their ability to generate great new products.
to us by the congress of the united states which represents the american people. >> what does that mean in terms of numbers? >> 2% growth. >> are we at two? kevin was very careful, he went 1.5 to 1.75. >> that's very precise. >> i want basis points. >> decimal points is silly stuff, come on, joe. >> i know. >> there is positive growth, it's just not robust and the key point, it's not enough to create the jobs we need in this country. now, i argue and i argue forcefully, i'll give a speech on this tomorrow night here in new york, the reason we have so much uncertainty is not just uncertainty about europe and uncertainty about the slowdown in china, these are important things. the real uncertainty stems from what are my taxes going to be? what kind of spending pattern also come out of the federal government, how do i deal with this explosion of regulatory morass we have coming out of washington. how do you budget whether you are exxon or a little bitty 20-person company, how does the woman who runs that company or the man who runs that company budget when they have no idea what their cost
is not a challenge that can be contained. it will threaten the elimination of israel. the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> reporter: after his remarks, he crossed town to the clinton global initiative where he addressed an issue with potential appeal to evangelical and women voters, human sex trafficking. >> that's slavery. it is barbaric and it is evil and it has no place in a civilized world. >> reporter: wolf, on other top foreign policy concerns, he addressed the crisis in syria, he mentioned the withdrawal of troops from iraq and the draw down from afghanistan and the trouble between israel and the palestinians. but that was all. he essentially was checking the box on all those fronts. and no mention at all of china. in essence, wolf, this was a speech about the two crises that have consumed foreign policy discussion during the u.s. campaign. the tension between israel and iran and now this most recent crisis in libya, wolf. >> with six weeks to go until the election, jessica, tomorrow i take it he's right back out there in the swing states
of people protesting this anti-muslim film made here in the united states. dagen: rick leventhal from fox news joins us live. rick. >> the pakistani government declared today a national holiday, love for the prophet. nonviolence, but things got ugly fast. and across the streets of pakistan including islamabad to keep protesters from approaching the consulate there. and demonstrations in karachi, five movie theaters were burned and a couple of banks on fire. and one officer killed there. and in peshawar, hundreds of demonstrators set movie theaters on fire and police used tear gas. at some point opened the fire on the people and hit a pakistani news vehicle and killed the driver there. and they were marching through the streets and protesting the anti-muslim film and burned a makeshift coffin draped with an american flag and burned an effigy of president obama and around middle east and africa and security has been beefed up at a number of u.s. and western embassies around the region as a precaution, guys. dagen: rick, thank you for that reporting. connell: and nicole, the new york stock e
this morning. they'll just try to get a share of the touch screen market in the united states. to your point about cash going out, more smart phones being sold than expected it is still a big shortage so the move today, is that indicative of -- >> they're not going out of business. >> even though the core operations remain unprofitable. their cash build was 2.3 from 2.2 on the quarter. >> they had more cash than previously. >> and their shipments continue to go down. they bleed people. >> you have the developing countries now. >> the pricing pressure is greater. >> there's always ban thought someone would buy them. but people felt why buy them because they'll run out of money and when they run out of money you can get them for nothing and you get all that intellectual property for nothing. there's a lot of companies that wish they had that keyboard patent. maybe that is worth something. i'm just saying that, look. i want the blackberry 10 to ship earlier. i thought becky's interview was terrific. it's very difficult to be as negative as you might have been before knowing that the restructuri
competitors to step up the game in order for mcdonald's to start missing here in the united states. what will mcdonald's force to be done? and will that be good from an investor standpoint? how much will they have to give up maybe in terms of margins in order to get those customers back, for instance? >> you know, i think it's a combination of being more aggressive on the dollar menu. they will give a little bit on the margin side and we have near term caution on that particular point. but i also think they have a pretty nice product pipeline shaping up for 2013, which gives us excitement, and it's one of the reasons why mcdonald's is one of our favorite medium term names in the space. we do have some caution based on more difficult comparisons that show up in the fourth quarter as well as the threat of higher food costs that are going to pay out early next year. >> we should point out that with 104th on the price target. jim, we hear again from r.j. about food costs. actually the flip side of this is that we have a very weak labor market in the united states. so for as long as we're not
the united states does not talk about trickle-up economics, take that 80%, educate them, make them pay taxes, and stop charging the top 5% more and more for what they create. why is that conversation not happening here? >> well, that's part of why inet, the institute for new economic thinking, was founded. james heckman at university of chicago and nobel prize-winning economist and i are working on a major program. we have 179 people worldwide on early-age human capital, early-age education which includes public health. >> you just have to put more resources into the education system to make it work. >> and better allocation of incentives, absolutely right. you're talking about a national tragedy. >> the word "resources" is loaded especially this week when we've got chicago teachers facing a potential injunction. >> yes. >> overturning citizens united, right, is not going to -- is not going to pacify what's happening outside. >> mm-hmm. >> neither is paying teachers more or giving them a shorter school year. right? >> i think if you paid teachers more, say relative to other professions, you
calling for calm. >> since our founding, the united states has been a nation that respects all faiths. we reject all efforts to denigrate the religious beliefs of others. but there is absolutely no justification to this type of senseless violence. >> the united states government had absolutely nothing to do with this video. we absolutely reject its content, and message. america's commitment to religious tolerance goes back to the very beginning of our nation. >> elsewhere, in iran, a senior cleric reportedly upped the bounty for the killing of author salman rushdie, whose book "the satanic verses" sparked global protests more than two decades ago, after the late imam khomeini declared it an insult to islam. >> yes, it was a stupid film, you know. and the correct response to a stupid film on youtube is to say, it's a stupid film on youtube and you get on with the rest of your life. so, to take that, and to deliberately use it to inflame your troops, you know, is a political act. that's not about religion. that's about power. >> we just returned back to the office from the streets of islama
showing the iphone could impact the entire united states domestic product. >> reporter: that's right. analyst jp morgan says it could boost the gdp by a half percentage point. answers should be later this morning when we find out what is at the center of this apple core. jay grarks nbc news, san francisco. >>> here is your "first look" at headlines around america. in florida, a dramatic end to a high speed chase after a car smashed into the back of another car before coming to a rest along i-95. two men and a teenager took off running. the trio may be linked to a series of burglaries. >>> in utah, a breach of earth -- strong thunderstorms were too much for the dike. the flooding forced evacuations. >>> in pennsylvania, heartless act of vandalism. the target, animals. a goat and horse were separate painted over the weekend. they are sitting on the farm. the owners think they tagged mailboxes. finally, could this be the future of our military? the pentagon backed darpa program has robot dogs. it could lighten the load for our troops. gps keeps them moving in the right direction. now, f
of the united states redistributed more income than we have today. connell: let me stop you for one second -- >> -- that's why the economy is having so many problems. connell: and the reason is i want to explain the chart. brian gave us this chart to tell you what you are looking at. government spending percentage of the economy versus stocks, versus the dow. >> yep. connell: so the yellow line is stocks. do you see where it is going up there? going all the way back to the 60s. and the blue line is government spending. it tells you what, brian? >> yeah, it's very very clear, if you look at that chart. back when lbj, lyndon johnson became president in 1965, we passed the great society programs, government spending shot up, and the stock market went nowhere for 17 years. then ronald reagan came in and even bill clinton lowered and reduced spending as a share of gdp, and the stock market exploded, and now in the last decade, under president bush and then obama, government spending has shot up again. no wonder stocks have been flat for the past decade. connell: they have been for a long time.
of the market. it is in the hands of the eflt cb not the hands of united states. >> we should point out tomorrow we will get some sort of plan or are expecting to from the ecb perhaps some details about a bond buying plan of some kind that we're hearing some things about today. the market may be disappointed in that these reports seem to indicate they'd be targeting three years and less in terms of maturity. that they would not have a yield target perhaps, say we're not going to let it go above 7%, and that it would be sterilized purchases. there are some who believe, hey, you need to actually increase the money supply. really if you're going to get things moving in europe but of course the germans are always concerned about inflation and sterilization which basically means they'll try and take in as much in deposits as they buy in bonds. sort of keeping -- >> somebody tweeted this morning fed bernanke needs to show them how you really print money. and, jim, one other facet of this report is that the head of the bach the german still remains the one lone hold out to this bond buying policy meani
. but here in the united states, with respect to the rally, i'm getting a large number of questions. we're getting a large number of questions about whether or not the stimulus boost from federal reserve easing is what it used to be, so to speak. i would remind people take a look at the last couple of instances, we've had similar measures. we've had similar instances of people wondering whether the fed was -- if i had $1 for every time we talked about the fed being out of bullets, i'd have lots of dollars. and we're going through that again. >> they would all be worth less. >> the previous dollar, yes. >> less than maybe ten years ago. not necessarily less than five years ago. >> shame on you for that populist comment there that you should be cutting taxes in europe. at what point do you think the spanish are going to cut taxes given the situation that they're in? shame on you for appealing to your republican base in such a shameless way. >> btig's clients would be interested to know that i had a republican base, but listen. at the end of the day, there isn't a sort of a one-size-fits-a
aren't moving anywhere. it's on hope they can get it rationalized. united states is on fire and everyone keeps saying why can't we buy ford. because of latin america and europe. >> facebook, a bit backward looking, but the best day yesterday since that ipo. it's almost you can't say ipo without saying botched ipo. that's the way everybody says it. was there a turn yesterday? >> i think that you're going to have a well p like situation is what people hope. yelp was a giant lock up that expired and all the shorts were piled on. it went up seven. you have to bet that everyone is overly short facebook to get this thing going. i think it's more of the dynamics of the lock up in actual earnings. >> the big lock up is coming november and by november, we'll have more than a million shares hit the market. >> that's a big lock up to overcome. >> aig was remarkable. had 600 million shares hit, but aig of course was valued at half book. facebook, not valued at half book. >> taking a look at the financials, it is worth noting because xlf closed at five-month highs. taking a bit of a brea
crackers in the united states senate would have ever voted for it if the pressure had not come from martin luther king and others with the civil rights movement? no way! look at healthcare reform. president obama could have ever got than passed without pressure from nurses and seniors and consumer groups and activist and labor unions around the country. no way! the truth always is, these members of congress are so entrenched that you have to have that pressure from the outside and it was only by building that pressure from the outside on the inside that president obama is able to get the affordable care act passed and yes, it is going to be the same thing with campaign finance reform. do you think these dodos are ever going to vote on their own for campaign finance reform? no, it will take a major movement on the part of the american people and pressure and demands on the part of the american people to get congress to act. so, i don't know. what do you think about this? 1-866-55-press. republicans are trying to say this
from the united states capitol building. not much going on here in washington these days. if the president comes back in town, it is usually only to spend the night and then he's back on the campaign trail as he was yesterday in virginia. what a quinky dink. romney and obama both in ohio on the same day and both in virginia this week on the same day. do you think they're coordinating their schedules? maybe they ought to ride on the same bus. make things a lot easier, wouldn't it? we've got lots and lots to talk about here on the "full court press" today and lots you'll want to call about at 1-866-55-press. that is our toll free number. peter ogborn and dan henning as always. team press here. >> happy friday. >> with cyprian bowlding on the cameras. >> nice to see you. >> bill: everything good. "saturday night live" had a lot of fun last night. they did a thursday special. they do this sometimes during presidential elections. and they've got this new guy who plays president obama. >> i like him. >>
-islam internet movie made in the united states that washington has publicly and repeatedly denounced. >> the united states government had absolutely nothing to do with this video. we absolutely reject its content and message. >> reporter: the protesters aren't listening to that. authorities in cairo are erecting new walls around the embassy to prevent mobs from getting close, evidence in concrete of the growing divide between washington, cairo and beyond. there have been demonstrations against the offensive video in 11 countries so far. half of them in places where washington supported arab spring uprisings that toppled strong men who had formerly been u.s. allies. the arab spring has taken a dark turn. in yemen on thursday, protesters managed to break into the parking lot of the embassy in sanaa, destroying vehicles, smashing windows and even using a forklift to do more damage. no embassy staff was hurt. entering this volatile region now, the pope, leaving rome today for a previously scheduled visit to lebanon. so far there hasn't been any violence there. but today is friday, the mu
to keep order. it's sort after metaphor what's happening in the united states and countries all around the world where you have, you think you can solve every problem by new regulation, and you have so many different regulations concerns unsportsman like conduct. about ten of them delay of games and illegal, tackler using a helmet to butt. too many regulations for problems on the field. >> and so should the nfl cave and pay more to the regular refs to get them back? >> no, too many-- >> we're going to get e-mails on this, and we will watch whether we've got replacement refs or regular refs. >> we'll watch. >> of course we will. >> and i'll watch, there you go. >> two stories from two states, each will make you angrier than the next, first, union heads give chicago teachers a goldstar for their strike, that shut down schools in seven days, and then, there is california, the formerly golden state where the governor is set to sign a bill that could push even more businesses right out of the state. next. ♪ stuart: new at 10:00 a.m., a truly only in california story. all signs point to je
's happening in the united states. >> certainly that's going to bring down the large indices and i just wonder if you think in the fourth quarter there will be a put from central banks or from hedge fund managers that have to play catchup or could we look at the last three months last year? >> central banks are obviously very powerful. you know the old saying, don't fight the fed. you have to be very careful. but as you stretch out the time rise and what you find historically is there is no relationship between liquidity and stock market movement. but i think what's much more important is your original question, if the profit cycle continues to decelerate, i think that's what people want to think about and that's what people want to position their portfolios for. i still think personally that you want to look at more defensive sectors which i think are less prone to have these big earnings disappointments right now. >> rich, can you put together these two knows in the market that you want to be in more dmfticily oriented companies and also this other thought in the market that you want to be i
with the european debt crisis, and even within the united states, with it being an election year. >> reporter: but burberry says it has been talking to other luxury goods makers, so it knows it's not alone in seeing the slowdown. as a result, luxury good stocks like lvmh, tiffany, and coach also fell today, although they didn't get hit nearly as hard as burberry. it's not just luxury firms getting hurt by the global slowdown. many other bellwether firms have said revenues are suffering due to weaker sales in china, europe and elsewhere. in the s&p 500, there have been 88 negative pre-announcements for the third quarter so far, and only 20 positive ones. >> the number of negative pre- announcements we've received is the worst in over a decade. we've already seen analysts become very bearish on these companies. >> reporter: last week, chipmaker intel drastically reduced its sales forecast, warning consumers and businesses are buying fewer personal computers. the company also withdrew its full-year guidance, which is seen as a sign of extreme uncertainty. and fedex recently cut its earnings fore
to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another recession? there are lots of signs that we are going there already. >> that is true. we had indications of a worsening of business activity in europe and china. this is beginning to hurt u.s. exports. u.s. consumers and businesses, themselves, are shying away from major expenditures, especially business in terms of capital spending until fiscal cliff uncertainties are resolved. we are not going to resolve those uncertainties until we get the election out of the way. that is why these upcoming presidential debates and october will be of the utmost importance and they very much they have the power to move financial markets
tarp was one of the worst economic decisions in the history of the united states. >> okay. so like i said, he does not hold back on anything he's thinking about. he will be our guest host for two hours today, and that begins at 7:00 eastern. we are also going to be talking finance with the ceo of cowen and company, jeffrey solomon, and bill isaac. plus the state of innovation, steve case will be joining us live at 7:30 eastern time. so we have a big show ahead. before we get to all of that, let's get you up to speed on the morning's headlines. andrew, good morning. >> thanks, becky. good morning to you. we will get you caught up on some of the big headlines. germany's highest court ruling that the country can ratify the new permanent european bailout fund, but there are conditions to germany's participation. here's the important part. parliament will have veto power over any future increases. we'll have more on that story in just a few moments. back here in the u.s., the fed is beginning to begin convening a two-day policy setting meeting in washington. market expectations high. many
and the top 1% or 2% but you need some sort of tax overhaul to make the united states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me a
.s. universities, over 40 universities in the united states and we've created over 20 companies to date and hundreds of jobs in those companies. >> a lot of people believe in this charged election season that business and the government can't work together, can't collaborate. i assume that this is an example that you would say belies that premise. >> we absolutely agree that the government and private equity can work together. there are many challenges that the dod is facing and they're coming up with solutions, technical solutions to that in cyber security, in wireless communications. those things have direct applications to the commercial marketplace and we can create companies around those and go to market here in the u.s. with them. >> give me some examples where in the past, defense oriented technologies or defense developed technologies have become a successful private market products and tell me as you think about this intellectual property that the government owns, what do you think has the most promise now for the next gen products? >> dod labs had had long been a rich source o
economic growth in the united states. you talk about it all the time on cnbc. you have policy people on. but really what we need to do is get government out of the way. this entrepreneur thing happens on its own by its own volition as long as tax policy is correct. that's what they were talking about. you get situations like entrepreneurs that become very successful, fror instance, zuckerberg and some of the millionaires he's created are splitting off and investing their own. they don't just sit on their cash, buy a yacht and sail around the world. >> why is one of the big platforms of this election that very issue regarding tax policy? it seems so self-evident to people we rub shoulders with on this trading floor but not to the population at large. >> they think it's gets muddied. if you talk about the capital gains tax. there was a guest on earlier today that says, what's it mean to somebody making $50,000? lowering the capital gains tax to somebody like that is the most important thing you can do because corporations are going to create jobs. people invest in start-ups that can creat
a month or so and you see iron ore stocks, you see machinery stocks in the united states and other parts of the world rally off the back of this notion of china stimulus, are all those things built on false expectations? >> we need to look at those charts. and most of those charts have fallen very sharply in the last two months. so what we experience through our trading book on friday with short coverings, we didn't see long-only investors coming in and buying stocks this morning. what i do think is different and you've highlighted that asia has recovered -- talking about a recovery -- the local investors do seem to be more excited by this new story than we've seen for some period of time. particularly noting that cement stocks rallied quite hard today in shanghai. so that is interesting that the local investors are somewhat more enthused about this story than we've seen for months. >> okay. adrian, thank you so much for phoning in. we appreciate it. adrian mowat of jpmorgan. >>> it's interesting this morning that stocks are essentially hanging on to the sharp gains that they made last w
of my first term as president of the united states of america. and i will make it a top priority in my first year as president. >> so david, when the president says he didn't promise immigration reform as a priority, is he rewriting history a bit there? >> i don't think he said he didn't promise it as a priority, it was a priority, savannah. i was in a room in 2009 at the white house where he called together all the members of congress that supported immigration reform in the past, republicans and democrats, and he said let's lock arms and get this done, and every republican walked away because it became the policy of the republican party to walk away from immigration reform, so hopefully with the votes in november, people will say okay, let's come back to the table and get this done. but the president passed out of the house and out of the senate a dream act that was blocked by the minority of republicans in the senate on procedural grounds. he did move on the status of the dream act, the kids that were here, because their parents came here and through no fault of their own they got c
Search Results 0 to 42 of about 43 (some duplicates have been removed)